Wednesday, October 19, 2016 2:35pm EST Stocks closed mostly higher on Wednesday, helped by better-than-expected earnings and rising oil prices, following the release of key economic data from the Federal Reserve. The Dow Jones industrial average rose about 40 points, with Goldman Sachs contributing the most gains. The S&P 500 gained 0.2 percent, with energy…
The Old Timers Aren’t Bullish On Stocks… Are You? http://www.forbes.com/sites/adamsarhan/2016/10/17/the-old-timers-arent-bullish-on-stocks-are-you/#717d071470e6
Stocks Fall As Earnings Season Begins Stocks fell hard last week as earnings season officially began. It was a volatile and important week because the Nasdaq 100 hit a fresh record high on Monday, then sellers showed up and sent stocks lower for the rest of the week. On Monday, the Nasdaq 100 jumped to a…
* JPMorgan, Citi beat revenue estimates * Financials top gainers among S&P sectors * Dollar rises 0.35 pct, gold falls * Indexes up: Dow 0.75 pct, S&P 0.57 pct, Nasdaq 0.63 pct (Updates to open) By Yashaswini Swamynathan Oct 14 10am EST Wall Street was higher on Friday as better-than-expected results from JPMorgan and Citigroup…
Thursday, October 13, 2016 U.S. stocks fell on Thursday, but traded well off session lows, as investors digested weak data out of China and rising oil prices while assessing the possibility of a Federal Reserve rate hike. The Dow Jones industrial average dropped more than 150 points before holding about 10 points lower, with…
Wednesday, October 12, 2016 U.S. equities traded higher on Wednesday as investors parsed through the Federal Reserve‘s September meeting minutes. Fed officials in favor of hiking interest rates worry that waiting too long could send the country into recession, the minutes showed. “Still, the dovish case was made forcefully in the minutes, as was the…
Tuesday, 10.11.16 2:12pm EST By Yashaswini Swamynathan U.S. stocks tumbled on Tuesday, with the S&P 500 and the Nasdaq on track for their worst day in one month, after Alcoa kicked off the earnings season on a dour note. Alcoa’s (AA.N) shares fell nearly 11 percent, their worst day in five years after the aluminum…
Monday, October 10, 2016 10:52am Stocks traded higher on Monday, following the second presidential debate while investors digested a rise in oil prices. “You have more clarity from the U.S. election, with the uncertainty from that heading lower; you’ve got less uncertainty from OPEC, and that’s bullish for stocks,” said Adam Sarhan, CEO of Sarhan…
Next Up: Earnings Season Stocks fell last week after the jobs report missed estimates for the second straight month and more and more areas appear to be rolling over/getting in trouble. Around mid-day on Friday, after the Dow was down a little over 100 points, Mario Draghi, head of the European Central Bank, came out…
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